Friday 28th of January 2022 06:49:29 AM

Ecovyst gains on report it's exploring a potential sale

word m and a made with wood building blocks, stock image Maksim Labkouski/iStock via Getty Images
  • Shares of Ecovyst (NYSE:ECVT), formerly known as PQ Group Holdings, rose 6.7% on a report that it's working Goldman Sachs to explore a sale.
  • The chemicals company is in discussions with a small group of possible acquirers, largely private equity firms, according to a Dealreporter item. Strategic interest is likely to be limited, though W.R. Grace appears to be a logical suitor.
  • Earlier this month, Ecovyst Inc. appoints Christopher Evans to lead investor relations.


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